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BLK / BlackRock profit falls as assets under management dip by 5%

BlackRock Inc. BLK, +0.71% stock rose 0.9% in premarket trades after the money management company's first-quarter earnings beat Wall Street analyst estimates, although its profit and assets under management fell. BlackRock's first-quarter net income fell to $1.16 billion, or $7.64 a share, from $1.44 billion, or $9.35 a share, in the year-ago quarter. Read More

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Posted: Apr 14 2023, 07:09

Author Name: Market Watch

BLK News

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